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UK entrepreneurs faring well in global economic downturn

UK entrepreneurs are faring well in the face of global recession, according to a new survey co-funded by the DTI published today. The Global Entrepreneurship Monitor (GEM) 2002, a worldwide survey of entrepreneurial activity, questioned 20,000 people last year in...

#management#recession#small businesses

Coface joins forces with Uruguayan bank

Urguayan bank Banco Acac has joined forces with French insurer Coface to provide export financing with credit insurance, local daily…


Slide in exports triggers record trade deficit

The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…


Fed keeps short-term interest rates steady

The Federal Reserve decided to keep short-term interest rates unchanged yesterday, in something of an anticlimax to recent dramatic developments…


SME Business booms in Bexleyheath

Business is booming in the most profitable town in Britain, despite the average business seeing a fall in profits, a…


Legislation on factoring and late payment to be considered

A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided…

#bank#interest rates#late payment


Chinese bank allowed to handle factoring business

The Industrial and Commercial Bank of China (ICBC) announced Tuesday that the central bank has officially ratified the ICBC to…


Company insolvencies still rising in November

The UK recorded 1,855 business failures in November 2002, according to the latest figures released by Experian, the global information…


USA bankruptcy filings hit historic high

The number of bankruptcy filings in the federal courts in Fiscal Year (FY) 2002 broke records again, and with no…


The Credit Reference Bureau and African Trade Insurance Agency...

The African Trade Insurance Agency (ATI), the continent’s only pan-African, multilateral export credit and political risk agency, today announced that…

#insolvency#international#political risks


ABC group chief executive office says Zambian market responding...

The African Banking Corporation (ABC) group is to invest an additional US$2million in its operations in Zambia because the country…

#economy#financial services#invoice


Cattles Invoice Finance open new office

Cattles Invoice Finance has expanded its operations with the opening of an office in Glasgow. The office will offer a…

Fleet Capital provides US$100 million asset-based credit facility to...

Fleet Capital Corporation, one of the United States's largest asset-based lenders, announced today that it served as agent for a…

#capital requirements#liquidity#working capital

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